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Trading Day: Shrugging off a volatile September, markets shuffle into Q4

NEW YORK, Sept 30 : US stocks gyrated on Wednesday, caught in the tug-of-war of mixed signals. Cooler-than-expected inflation data tempered rate hike expectations from the Federal Reserve, while upbeat GDP, consumer spending and private…

Trading Day: Shrugging off a volatile September, markets shuffle into Q4

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Micron's AI-fueled revenue forecast blows past estimates, backlog swells

Sept 30 : Micron Technology forecast quarterly revenue above estimates on Wednesday and said customers had increased commitments under its long-term supply agreements to $32 billion, signaling unabated demand for AI memory chips.The…

Micron's AI-fueled revenue forecast blows past estimates, backlog swells

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Google announces Gemini 4 flagship AI model after months of delays

SAN FRANCISCO, Sept 30 : Alphabet's Google on Wednesday announced a new top-tier artificial intelligence model to anchor its Gemini 4 generation of models in a fresh bid to catch up to rivals Anthropic and OpenAI in the AI race.The new…

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Toyota to invest $1.34 billion in Argentina EV plant

Sept 30 : Automaker Toyota Motor will invest $1.34 billion to develop a plant to produce a fully electrified vehicle in Argentina, Economy Minister Luis Caputo said on Wednesday.This represents the largest ever single investment in the…

Toyota to invest $1.34 billion in Argentina EV plant

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Exclusive-Anthropic's IPO pitch embraces AI's promise and peril

SAN FRANCISCO/NEW YORK, Sept 30 : Anthropic is planning what could be the largest initial public offering in history. But if AI continues on its current trajectory, humans may not be around much longer to enjoy it. That and other paradoxes…

Exclusive-Anthropic's IPO pitch embraces AI's promise and peril

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Synopsys, OpenAI strike deal to develop AI model for chip design work

SAN FRANCISCO, Sept 30 : Synopsys, a maker of software used in designing computing chips, said on Wednesday that it has struck a deal to share revenue with OpenAI as the two develop an AI model for the chip business.GPT-Synopsys, as the…

Synopsys, OpenAI strike deal to develop AI model for chip design work

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AI infra firm Accelevation's shares fall in tepid Nasdaq debut

Sept 30 : Data center infrastructure firm Accelevation fell 2.5 per cent in its Nasdaq debut on Wednesday, after pricing its IPO below its marketed range, signaling that investors are turning cautious on the AI story as spending…

AI infra firm Accelevation's shares fall in tepid Nasdaq debut

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European regulators need more powers to police crypto, watchdog says

PARIS, Sept 30 : The European Securities and Markets Authority said on Wednesday that European regulators should be given more powers to help them enforce crypto rules, and that ESMA should be able to tell crypto companies to freeze crypto…

European regulators need more powers to police crypto, watchdog says

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Stocks rise, 2-year US bond yield eases after soft US inflation data

NEW YORK/MILAN, Sept 30 : Global bonds closed out their worst month in years on Wednesday, with the benchmark 10-year US Treasury yield rising on the day and posting its biggest monthly increase since 2022, while the S&P 500 registered a…

Stocks rise, 2-year US bond yield eases after soft US inflation data

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SNB's Tschudin voices concern about stablecoin impact on central banks

ZURICH, Sept 30 : The Swiss National Bank is cautious about the use of digital stable coins, because the technology could make the transmission of monetary policy more difficult, governing board member Petra Tschudin said on…

SNB's Tschudin voices concern about stablecoin impact on central banks

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Butterfly wing patterns may trick predators with motion illusions

Sept 30 : When a bird lunges at a butterfly in mid-flight, it may see something that is not there — the insect's wings flashing beneath may not be moving where they appear to be moving. By the time the predator realizes the illusion, the…

Butterfly wing patterns may trick predators with motion illusions

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US Transport Chief Duffy sees no safety concern from 737 MAX software issue

WASHINGTON, Sept 30 : US Transportation Secretary Sean Duffy said Wednesday he does not currently see any safety concern stemming from a software issue involving the Boeing 737 MAX fleet."If there was like, 'Hey we've got a safety issue,'…

US Transport Chief Duffy sees no safety concern from 737 MAX software issue

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Analysis:AI borrowers face tough sell in risky corners of US credit market

NEW YORK, Sept 30 : The artificial intelligence boom has arrived in the riskiest corners of US credit markets, where leery lenders are demanding more compensation to fund borrowers whose future earnings remain largely unproven.AI-related…

Analysis:AI borrowers face tough sell in risky corners of US credit market

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FTC opens probe into AI giants including Anthropic and OpenAI

Sept 30 : The Federal Trade Commission is conducting an industry-wide probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses to consumers, a senior FTC official told Reuters on Wednesday.The…

FTC opens probe into AI giants including Anthropic and OpenAI

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ADNOC-backed AIQ secures deal to enter Indian energy markets

(Corrects to drop reference to G42 from paragraph 5 after clarification from the company that it does not generate revenue for AIQ)By Vallari SrivastavaDUBAI, Sept 30 : United Arab Emirates-based technology company AIQ has signed an…

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Global stocks weather third-quarter AI, bond and crude maelstrom

LONDON, Sept 30 : Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions, wars, oil back above $100 a barrel and warnings that AI might…

Global stocks weather third-quarter AI, bond and crude maelstrom

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France's Sekoia rolls out AI cybersecurity platform to its clients

Sept 30 : French cybersecurity firm Sekoia rolled out its cybersecurity AI agentic tool Elevate to its clients, following an early access program with around 2,000 customers, it said on Wednesday. Criminals are increasingly resorting to AI…

France's Sekoia rolls out AI cybersecurity platform to its clients
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